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Why FX conversion costs matter when investing overseas and how to save on them with IG Markets
By Beansprout  •  August 7, 2026
FX conversion costs can quietly eat into your investment returns. Learn how they work, why they matter, and how IG Markets' 0% FX Markup promotion can help reduce one component of these costs. This post was created in partnership with IG Markets. All views and opinions expressed in this article are Beansprout's objective and professional opinions. What happened? One question that often comes up in the Beansprout community is "Which brokerage should I use to invest in US stocks?" Naturally, many investors compare commission rates, platform fees, and the range of markets available. Over the past few years, zero commission trading has become one of the biggest selling points for online brokerages. As a result, investing in overseas stocks and ETFs has become more accessible than ever for Singapore investors. But there's another cost that often goes unnoticed, which is foreign exchange (FX) conversion. If you're buying overseas stocks, you'll usually need to convert your Singapore dollars into another currency first....
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By Beansprout
Hi, I’m Gerald! I have been working in investment analysis for more than 12 years. Often, I encounter everyday investors who find it difficult to invest. At Beansprout, we believe that with the right tools and knowledge, everyone can be an investor. Hence, we founded Beansprout to make quality investment insights more accessible. We hope that you can join us on this journey to grow your financial knowledge and confidence as an investor.
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